"We are pleased to establish a local base in Brazil from which to engage directly with investors and high-quality managers," said Lexington's Jose Sosa del Valle.
Investors pull USD 4 billion from Brazilian funds amid lackluster returns and yields
The November 2020 numbers disappointed but did not mar a decent year, during which local funds had raised USD 23 billion.
Wells to exit international wealth business before end of 2021
The decision to leave markets in Asia and Latin America reflects regulatory and other constraints facing Wells in the wake of its fake account scandals that have cost it billions of dollars.
CCR Monthly Approval Report – December 2020
Columbia Threadneedle led the list of registered products with 14 mutual funds, followed by Samsung with four ETFs, and Aviva, Credit Suisse and Altis each with one product approved of their own.
BlackRock makes new push into tepid Brazil ETF market
The firm will offer iShares through Brazilian depositary receipts, or BDRs, listed on the B3 exchange.
CCR Monthly Approval Report – November 2020
UBAM, Schroder, Axa, AZ Fund, Legg Mason, Lyxor, Pinebridge, DWS, Harrison Street and Kohlberg Kravis Roberts & Co. were the fund sponsors gaining approval for new products.
Nordea tapped to train 7,000 XP Investimentos advisors on ESG practices
“The advisor has to be more prepared for the language of ESG themes," says Roberto Martinho, head of business development at Nordea Asset Management in Latin America.
CCR Monthly Approval Report – October 2020
Berenberg, Candriam, Credit Suisse, Ninety One, UBS, iShares, State Street, Crow Holdings, Goldman Sachs and TCV were the fund sponsors gaining approval for new products listed on the month.
Brazilian funds raised USD 37 billion in first nine months of 2020
The Fixed Income class was the highlight in September, with USD 4 billion raised in September, pulling the category out of negative territory for the year to date.
Deal with Aiva boosts Allianz’s distribution into Argentina, Uruguay and Paraguay
"Now more than ever, we are concentrated on broadening our distribution partners and prioritizing proximity," said Allianz GI's Alberto D’Avenia.








